The Bureau of Labor Statistics' employment situation report for July is here, where we learn that the unemployment rate has fallen two tenths of a point to 7.4%, and that jobs added monthly has fallen to 189,000 per month, or 2.268 million jobs added in the last year.
Since everyone is making a big deal of part-timing because of ObamaCare and generally moribund economic conditions, it is noteworthily absent in today's numbers.
The not-seasonally-adjusted numbers show those classified as part-time for economic reasons in all industries down 116,000 from June to July. Year over year the number is up only 8,000. In other words, there is no trend up to be seen there. For those part-time for noneconomic reasons the decline is much more dramatic month over month: 428,000. But year over year the number is up, but only 303,000 or less than 2% of the category.
Those classified as usually part-time are down 17,000 from June to July while those classified as usually full-time are up 288,000 from June to July in the not-seasonally-adjusted columns. Usually full-time also is up 1.557 million year over year. Usually part-time is up only 430,000 year over year or less than one half of 1% of all the workers in those categories combined, and just 1.6% of usually part-time workers from a year ago.
I don't call any of that "the part-timing of America."
Not yet.
